Archive · 2 Jun 2025
Hindalco Industries to Invest ₹45,000 Crore in Expansion Over Three Years
Hindalco, an Indian metals company, is planning to spend a lot of money to grow.
They plan to invest around ₹45,000 crore in the next few years, with about ₹7,500-8,000 crore of that in the next financial year.
This money will be used to build new factories for things like aluminum and copper.
The company expects the price of aluminum to stay steady.
They also want to keep making a good amount of money from their copper business.
The company's goal is to make more money and expand their business, with a focus on both producing aluminum and copper and delivering it for the market.
Hindalco plans a ₹7,500–8,000 crore capital expenditure (capex) for FY26.
The company will invest a total of ₹45,000 crore over the next three years.
Hindalco expects the copper business to maintain a quarterly run rate of ₹600 crore.
Aluminum prices are expected to remain between $2,300 and $2,600 per tonne due to a tight market.
The company aims for Novelis to achieve an EBITDA of approximately $500 per tonne.
- Who
- Hindalco Industries, a metals company
- What
- ₹45,000 crore investment in new plants and equipment.
- When
- FY26 and the next three years
- Where
- India
- Why
- To expand operations and increase production capacity
- FY26 Capex Target
- ₹7,500–8,000 crore
- Total Investment (3 years)
- ₹45,000 crore
- Copper Business Run Rate
- ₹600 crore per quarter
- Aluminum Price Range
- $2,300-$2,600 per tonne
- Novelis EBITDA Target
- ~$500 per tonne
- Hindalco Market Capitalisation
- ₹1,48,395 crore
- Hindalco Stock Price
- ₹660.85 (as of 1:29 pm on the NSE)